Newsletters
Property Investment March 2011
February 28, 2011 | 
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The property at 187 Bay Street, Port Melbourne, was sold with a new lease in place to The Noodle Box at an auction attended by more than 100 people.
Posted in 
Finance April 2011
How to read rates?
Are you like most borrowers, looking to ensure you are on the best rate? One way to stop worrying is to fix some or all of your loan.
Mortgage brokers are continually checking the best rates available for their clients. We have found a 3 year fixed rate of 7.15% (comparison rate of 7.34%).
This is with Police and nurses credit. They offer great variable rates too , so you could split your risk with a variable rate of 6.99% and a fixed portion of 7.15% for 3 years. 7.15% is less that many borrower are paying on their current variable loans. So you will be ahead from day one – and if rates rise your savings will increase.
If you would like to have a no obligation confidential review of your borrowings call Dan Goodridge on 0414423340 . Mercia Mortgage brokers.
Finance February 2011
How’s your rate?
Are you one of the many dissatisfied with your bank? If you’re looking to take advantage of the new government push to increase banking competition we may be able to save you thousands in interest per year.
Mercia finance can arrange for you rates as low as 6.89% PA. Variable < 65% LVR . or 6.99% LVR up to 90% Low fees Free offset Debt visa Low early repayment / deferred establishment fee No application fee No legal fees No valuation fee ( standard valuations)
Example commonwealth bank standard variable 7.81%. you could save up to 0.92 % PA. That’s $4 600.00 per year on a $500 000 loan. 6.89 vs 7.81 Interested?
Contact Dan Goodridge at Mercia finance on 0414 423 340 for an obligation free chat.
Remember we don’t charge for our mortgage broking services.
January 2011 Corporate Newsletter
Important information for ASX Listed Entities1. Flooding in Queensland and other states: periodic financial reporting Listed entities (other than mining exploration entities) will be aware that their Appendix 4D half-yearly reports (for 30 June balancers) or preliminary final reports (for 31 December balancers) for the period ended 31 December 2010 are due to be lodged with ASX by 28 February 2011. (Mining exploration entities are not required to lodge preliminary final reports, and their half-yearly reports are due 75 days after the end of the half-year – i.e. by 16 March 2011.) ASX understands that there may be some listed entities who have been significantly affected by the recent flooding in Queensland and other States and who are likely to encounter difficulties in finalising their financial reports in time to meet their lodgement deadlines. In the case of half yearly reports, which must include the audit review report, this may be because the entity's auditors are not able to complete the audit review in time. (Preliminary final reports can be lodged before the audit report has been completed.) Listed entities in this position are requested to contact their Listings Adviser as soon as possible to alert ASX to their position. ASX will consider on a case by case basis any request for an extension of the due date for lodgement of periodic financial reports by any entity so affected. It should be noted that any such extension will be for the shorte st period that a listed entity reasonably needs to complete and lodge its periodic reports. In this regard, it is unlikely that ASX will agree to an extension of more than 1 month. Any such extension will also be subject to the entity providing to the market, on or before the due date for lodgement of its periodic reports, information which is as complete as is possible in the circumstances about its financial position and its financial results for the relevant period. All listed entities are reminded of their obligations under listing rule 3.1 (PDF 127KB) to announce immediately any information of which they become aware that a reasonable person would expect to have a material effect on the price or value of their securities. This includes any significant impact on their operations or results arising from the recent floods. It also includes any expected material change to their forecast results or any material change from the results for the previous corresponding period, or from consensus forecasts. This disclosure must be made immediately even if the entity is not able to quantify precisely the expected difference in the results. In making such disclosure, the entity must provide some details, however qualified, of the extent of the variation. For example a statement by an entity may indicate that based on internal management accounts, its expected net profit or EBIT will be an approximate amount (e.g. approximately $10m) or alternatively within a stated range (e.g. between $9m to $11m). Alternatively, the entity may indicate an approximate percentage movement (e.g. "up [or down] by 25% on the previous corresponding period"). ASX accepts that this information may not be precise and may be changed or amended on completion of the final accounts. |
Property Investment February 2011
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